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Archive - 7/17/2026 - Sign In to see current Signals. |
Waste Management, Inc. (WM) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the Waste Management, Inc. (WM). During the week, the WM gained 5.98 points, or 2.56%, and closed at 239.31 on Friday, July 17, 2026. Weekly volume was -16% below average. WM is a member of Industrials Sector. Industrials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See WM long-term trend chart] A long-term downtrend had started on March 6, 2026 at 248.13 and reached 210.12 on June 2, 2026. WM lost 38.01 points, or 15.32%, in 12 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (203.23) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. WM may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See WM medium-term trend chart] A medium-term uptrend had started on June 2, 2026 at 210.12 and reached 247.15 on July 17, 2026. WM gained -37.03 points, or -17.62%, in 6 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See WM weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since July 2, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See WM short-term trend chart] A short-term uptrend had started on June 18, 2026 at 212.22 and reached 247.15 on July 17, 2026. WM gained -34.93 points, or -16.46%, in 29 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (243.41) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See WM daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since June 22, 2026. This is an indication that the short-term trend is up.
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